The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 18006170004. Read it carefully before investing.
Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security. www.trimtabsfunds.com/ttac
Investing involves risk. Principal loss is possible. There is no guarantee that TTAC will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small and midcap securities, which involve limited liquidity and greater volatility than largecap securities. Past performance does not guarantee future results. To obtain fund performance call 212-217-2514 or visit www.trimtabsfunds.com.
The TrimTabs All Cap US Free‐Cash‐Flow ETF is distributed by Quasar Distributors, LLC
Alpha is a measure of performance on a risk-adjusted basis.
Standard deviation is a measure that is used to quantify the amount of variation or dispersion of a set of data values.
Downside deviation is a measure of downside risk that focuses on returns that fall below a minimum threshold or minimum acceptable return (MAR).
Max drawdown is an indicator of the risk of a portfolio chosen based on a certain strategy.
The S&P Composite 1500 combines three leading indices, the S&P 500, the S&P MidCap 400, and the S&P SmallCap 600 to cover approximately 90% of the U.S.
Global Equity Market – An equity market is a market in which shares are issued and traded, either through exchanges or over-the-counter markets.
Index performance is not indicative of fund performance. Past performance does not guarantee future returns.